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Kaliningrad region: SUE “Kaliningradskiy Yantarny Kombinat” (Kaliningrad Amber Plant) creditors have approved the plan of outside control
This plan includes a number of measures aimed to assist the plant in getting over the crisis: reconsideration of jewellery production marketing strategy, wage system optimisation, exaction of receivables and prevention of the State property embezzlement.
The successive realisation of this plan will be able to guarantee the restoration of the plant’s profitability and solvency in course of 18 months.
Source:
IA “REGNUM”
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